Digital Extremes: History and Key Facts

Digital Extremes Ltd. is a Canadian video game developer founded in 1993 by James Schmalz. They are best known for their live service flagships Warframe and Soulframe, two free-to-play cooperative online action games developed in tandem; and for co-creating Epic Games' Unreal series of games.

Digital Extremes is headquartered in London, Ontario. In 2014, 61% of the company was sold to Chinese holding company Multi Dynamic, now Leyou, for $73 million. In May 2016 Leyou exercised a call option and increased its stake to 97% of Digital Extremes for a total consideration of $138.2 million US. In December 2020, Tencent bought Leyou for 1.3 billion dollars, which included the majority stake in Digital Extremes that Leyou held.

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